Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Memphis, TN vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Memphis, TN and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$76,000 vs $124,000
Better Purchasing Power
✓ Memphis, TN
$91,566 vs $76,543
Best Take-Home (COL-Adj)
✓ Memphis, TN
$84,607 vs $67,190
2
Detailed Comparison
| Metric | Memphis, TN | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $76,000 | $124,000▲ | -$48,000 |
| 25th Percentile | $58,520 | $95,480▲ | -$36,960 |
| 75th Percentile | $97,280 | $158,720▲ | -$61,440 |
| 90th Percentile | $121,600 | $198,400▲ | -$76,800 |
| Cost of Living Index | 83 | 162 | -79 |
| State Income Tax | 0%▲ | 5% | -5% |
| COL-Adjusted Median | $91,566▲ | $76,543 | +$15,023 |
| Est. Annual Take-Home | $70,224 | $108,847▲ | -$38,623 |
| COL-Adj. Take-Home | $84,607▲ | $67,190 | +$17,417 |
| Total Employment | 6,400 | 33,600 | -27,200 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $48,000 more (median: $76,000 vs $124,000). However, after adjusting for cost of living (index 83 vs 162), Memphis, TN provides better purchasing power ($91,566 vs $76,543 equivalent). Memphis, TN has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.